Strake Foundation
The Strake Foundation is a private foundation based in Houston, Texas, operating as a 501(c)(3) nonprofit organization. The foundation was incorporated in 1983 as the successor to Strake Charities Trust, which was established in 1952. The foundation provides grants to churches, schools, and other nonprofit causes, with a focus on secondary and higher education, cultural services, and social programs.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$47.3M
+5.6% YoY
Annual Giving
$3.4M
+18.1% YoY
Grant Count
203
-1.0% YoY
Avg Grant Size
$17K
+19.3% YoY
Under IRS private-foundation payout rules, Strake Foundation reported a distributable amount of $3.3M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving priorities include:
- Secondary and higher educational institutions
- Cultural services
- Social services, including programs for youth
- Education
- Philanthropy, voluntarism, and grantmaking
- Human services
Grantmaking
Grant Range
s:**
Ready to take the next step with Strake Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Texas
- District of Columbia
- Colorado
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $47,325,772
- Total revenue: $6,380,576
- Total expenses: $4,075,947
- Net income: $2,304,629
- Total liabilities: $23,300
As of 2023:
- Total assets: $44,824,735
- Total revenues: $3,438,474
- Total expenses: $3,484,714
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $47,325,772 | $44,824,735 | $44,872,660 |
| Revenue | $6,380,576 | $3,438,474 | $18,528,735 |
| Expenses | $4,075,947 | $3,484,714 | $3,179,825 |
| Qualifying Distributions | $3,770,612 | $3,181,242 | $2,841,754 |
| Net Investment Income | $6,075,241 | $3,135,002 | $18,190,664 |
| Distributable Amount | $3,317,475 | $3,134,275 | $2,840,162 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boy Scouts of America ($75,000), Camp Allen ($30,000), Angela House ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 29 Acres Cross Roads, TX | Comprehensive Support Services | $5,000 |
| AD Players Theater Houston, TX | Arts for All and Gift of Theater | $15,000 |
| Alley Theatre Houston, TX | General Operating Support for Alley Theatre Season 78 | $5,000 |
| Amazing Place Houston, TX | Amazing Place Annual Dinner | $20,000 |
| American Diabetes Association Merrifield, VA | 2024 American Diabetes Association Camp Rainbow | $2,500 |
| American Enterprise Institute for Public Policy Research Washington, DC | Social, Cultural and Constitutional Studies | $2,500 |
| American Values Arlington, VA | Educating Christians on Life | $20,000 |
| Angel Flight South Central Addison, TX | Medical Care Access- Air Transportation | $15,000 |
| Angela House Houston, TX | General Operating | $25,000 |
| Arbor School Houston, TX | General Operating | $15,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
George W. Strake, Jr., son of the founder, serves as president of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RANDALL K WOODRUFF | EXEC DIR | 32 | $182,292 |
| DIANA D HOOVER | VICE PRESIDENT | 2 | $4,500 |
| ROBERT S PARSLEY | SECRETARY | 2 | $4,500 |
| MELANIE S MEEKS | DIRECTOR | 2 | $4,500 |
| LINDA JOHNSON | DIRECTOR | 2 | $4,500 |
| JOHN S PARSLEY | DIRECTOR | 2 | $3,000 |
| GEORGE W STRAKE III | PRESIDENT/TREASURER | 5 | $4,500 |
| STEPHEN D STRAKE | DIRECTOR | 2 | $4,500 |
| KATHY COVEY | DIRECTOR | 2 | $4,500 |
| SHARON MCNEARNEY | DIRECTOR | 2 | $3,000 |
Contact Information
Address: 5847 San Felipe Street, Suite 4160 Houston, TX 77057
Phone: 713-400-1179
Tax Status: Tax-exempt since February 1983 EIN: 76-0041524
Frequently Asked Questions
What does Strake Foundation fund?
The foundation's giving priorities include: • Secondary and higher educational institutions • Cultural services • Social services, including programs for youth • Education • Philanthropy, voluntarism, and grantmaking • Human services
How do I apply for a grant from Strake Foundation?
**Grant Activity:** • Made 222 grants in 2023 • Made 203-205 grants in recent years to various churches, schools, and other nonprofit causes • Total giving: $3,399,000 (2024) **Grant Sizes:** • Typical awards range from $900 to $600,000 • Recent grant examples include: $120,000 to St Pius X High School, $50,000 to Memorial Hermann Foundation, and $50,000 to Covenant House Texas
Where does Strake Foundation make grants?
The foundation primarily funds organizations in: • Texas • District of Columbia • Colorado
What size grants does Strake Foundation award?
In 2024, Strake Foundation awarded 203 grants totaling $3.4M — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Strake Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Strake Foundation reported a distributable amount of $3.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Strake Foundation's EIN?
Strake Foundation's EIN (Employer Identification Number) is 76-0041524. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Strake Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Greater Houston Community Foundation
HOUSTON, TX
Assets
$1.1B
Grants
1,724
Total Given
$232.3M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Albert & Ethel Herzstein
HOUSTON, TX
Assets
$132.3M
Grants
320
Total Given
$5.9M
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
Shell Usa Company Foundation
HOUSTON, TX
Assets
$52.3M
Grants
4,650
Total Given
$16.0M
Natl Christian Charitable Fdn Inc
ALPHARETTA, GA
Assets
$6.1B
Grants
16,327
Total Given
$2.6B
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Jpmorgan Chase Foundation
NEW YORK, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
Gs Donor Advised Philanthropy Fund
NEW YORK, NY
Assets
$12.7B
Grants
7,424
Total Given
$3.0B
Harry S & Isabel C Cameron Foundation
HOUSTON, TX
Assets
$30.2M
Grants
109
Total Given
$1.6M
The Elkins Foundation
HOUSTON, TX
Assets
$202.4M
Grants
89
Total Given
$15.6M
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Strake Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities